Underdog has officially rolled out its own prediction markets, giving users a direct way to buy and sell contracts based on real-time outcomes. If you’re looking for an exclusive Underdog Predict promo code to unlock a specialized bonus for these markets, then you should know that you actually don’t need one to get started.
Growing number of markets embracing NFL, NHL, MLB, and NBA
College and pro leagues available
Predict team and player performance
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While standard Underdog promo funds can’t be used on standalone prediction picks directly, the platform allows you to use its welcome offer on these contracts by building “Combination” entries that seamlessly blend daily fantasy sports (DFS) with prediction futures.
Bonus delivery within one hour after the entry’s cancellation window closes
Welcome offers available to eligible users across many US states
Cannot be used directly for standalone prediction picks
Welcome Offers: Can You Use the Latest Underdog New User Promo on Prediction Markets?
As you will have established from our
Underdog review, the site and mobile app operate as hybrid platforms, allowing you to enjoy daily fantasy sports, and prediction markets.
To get started, you’ll be presented with an opportunity to claim a sign-up promotion bonus without needing an Underdog promo code. However, it is essential to reiterate that these standalone bonus entries cannot be used directly for regular
prediction markets. Instead, they are designed for fantasy sports contests.
The exception is if you create a “Combination” entry that mixes fantasy contests with prediction futures, in which case Underdog waives the playthrough rule to fund the prediction portion.
To activate this welcome promotion, you must place a valid eligible entry to trigger the promotion bonus, which will hit your account within one hour after the cancellation window closes.
Eligibility
New users only. Natively restricted on standalone prediction picks, but eligible via cross-platform Combination entries.
Minimum deposit
$10
Minimum entry
$5
Promo code
N/A
Full bonus
Place a $5 qualifying entry to receive $50 in bonus entries.
Requirements
Must accept the Terms of Use, pass identity verification within 7 days, and fulfill a 1x playthrough requirement within 60 days.
Notes
Standalone bonus entries cannot fund prediction contracts directly. Underdog waives the 1x playthrough rule only when funding a mixed fantasy/prediction Combination play.
Disclaimer:
Trading involves risk, including total loss on positions. Trading decisions and their consequences are your sole responsibility. Nothing on underdogexchange.com constitutes a recommendation, solicitation, or offer to buy or sell any financial instrument. UDX is subject to CFTC regulatory oversight. Promotion issued by affiliate.
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Terms and Conditions of the Underdog Welcome Offer
Although standard bonus funds are restricted for standalone prediction picks, new members of Underdog looking to enjoy daily fantasy sports or cross-platform combination entries should know the following:
Requirement
What You Need to Know
14-day expiry
Bonus funds and entries expire 14 days after being credited.
Unused rewards
Any remaining bonus value is forfeited once the expiry period ends.
1x playthrough
Bonus funds must be used once on eligible DFS or Pick’em entries.
Cash conversion
Eligible winnings are added to your cash balance after the playthrough is completed.
Prediction market use
Bonus funds cannot fund standalone prediction picks directly.
Combination entries
Funds may be used for the fantasy portion of eligible Combination entries.
Age requirements
Users must generally be 18+, 19+ in AL and NE, and 21+ in AZ, MA, and VA. Some CO games require users to be 19+.
Location and accounts
You must be physically located in an eligible state. The offer is non-transferable, and duplicate accounts may lose the bonus.
Underdog Predict is a registered FCM offering event contracts. Trades may be placed on CDNA, a registered DCM, powered by UDM Services, LLC. Trading involves significant risk and is not appropriate for all. Must be a U.S. resident. Terms apply: underdogpredict.com. Content is promotional and is not a recommendation to trade.
Ongoing Promotions: Can You Claim Any Underdog Promos for Use on Prediction Markets?
As mentioned above, there’s still no standalone promo built specifically for prediction markets. What’s on offer is aimed at daily fantasy sports players, but the good news is that those rewards aren’t locked out of prediction markets entirely, since they can still be put to work through a prediction-based Combination entry. Here’s what’s currently available:
Refer-a-friend Bonus
One promotion that all members of Underdog will be able to make use of is the refer-a-friend bonus. To claim, you must click on the ‘Invite Friends’ link within the main menu. Here, you will find a unique player code that can be shared with your friends.
You must have already deposited, and your friend must register using your referral link or code, deposit at least $10 and make their first entry. You’ll receive the reward specified in the current referral promotion once its requirements are met. Of course, these entries carry the same restrictions as other bonus funds and cannot be used directly on standalone prediction markets.
Refer-a-Friend Jackpot
Underdog also runs a Refer-a-Friend Jackpot alongside the standard reward. About 1 in every 1,000 qualifying referrals is randomly selected for a jackpot reward paid in bonus cash, with no extra steps required. Check the referral promotion in the app for the current reward details and terms. Like the standard referral reward, this can’t be spent directly on standalone prediction picks, but the same Combination entry workaround applies if you want to put it toward prediction markets.
How to Register with Underdog and Claim the New Customer Offer
Before any Underdog promotions become available to those of you interested in daily fantasy sports, you must first become a member. These steps will guide you through the process.
Click on the ‘Sign Up’ tab.
Create a username, enter your email address, and create a password.
Enter your date of birth, and click on the ‘ Create Account’ tab.
Pass verification checks and complete your player profile.
Place a qualifying $5 Pick’em entry. Draft and best-ball contests don’t qualify.
Receive your Promotion Bonus credit within one hour after the entry’s cancellation window closes.
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The Bottom Line: Making the Most of Underdog
Underdog doesn’t offer a dedicated prediction markets promo code, but the welcome bonus isn’t off-limits. The platform now offers contracts through its own Underdog Exchange alongside Kalshi and Crypto.com’s CDNA, so check the rules attached to your selection before entering.
Eligible Combination entries blend fantasy picks with prediction contracts, with bonus transfers governed by the promotion’s specific rules. Claim the standard DFS sign-up offer, clear its 1x playthrough requirement, and let the winnings land in your cash balance. From there, they’re unrestricted and ready to trade on prediction contracts. Ready to start? Click the banner below, verify your account, and build your first combination entry.
Underdog Promo Code FAQ
No. You don’t need a special Underdog promo code to claim the offer.
Simply register for a new account and deposit at least $10. Once you place a qualifying $5 Pick’em entry, the $50 in bonus entries will be credited to your account within one hour after the entry’s cancellation window closes.
No, Underdog’s welcome bonus entries are designed specifically for Daily Fantasy Sports (DFS) contests. You cannot use these bonus funds directly on standalone prediction market contracts. However, if you create a “Combination” entry that mixes fantasy contests with prediction futures, Underdog waives the playthrough rule to fund the prediction portion.
You have exactly 14 days from the moment the bonus entries are credited to your account to use them. If you don’t use them within this two-week window, the remaining bonus funds will be forfeited and removed from your balance.
The offer is for brand-new users who are at least 18+ in most eligible states, 19+ in Alabama and Nebraska (also Colorado for certain games), or 21+ in Arizona, Massachusetts, and Virginia, and are physically present in a state where Underdog is legally operating. Note that if you already have an existing Underdog account, you are not eligible for this new-user welcome offer.